Industry News
Ian Likely To Become One of the Costliest U.S. Hurricanes
With maximum sustained winds of 150 mph at just after 3 p.m. on Sept. 28, Hurricane Ian was just shy of Category 5 status when it made landfall in Cayo Costa, Fla. Ian, in line to be one of the ...
Gun Violence Costs the U.S. $557 Billion a Year
Gun violence that causes tens of thousands of U.S. deaths each year — far more than any other developed nation — is having a significant, negative impact on the country's economy, Harvard Medical ...
Viewpoint: Significant Ruling in PFAS Litigation Could Impact Insurance Coverage
Per- and poly-fluoroalkyl substances, commonly known as PFAS, have served as a key component in numerous industrial and consumer products for decades. These "forever chemicals," which have been ...
Many Americans Apprehensive About Self-Driving Cars: Study
The majority of Americans (76 percent) say they would feel less safe driving or riding in cars with self-driving features. Similarly, 73 percent of people would feel less safe knowing others on the ...
Cyber Threats Still No. 1 Business Concern: 2022 Travelers Risk Index
Cyber threats were the top concern for business decision-makers for the third time in four years, according to the 2022 Travelers Risk Index. Cyber threats were chosen as a top concern by 59 percent ...
Small Businesses Underestimate Recovery Time, Cost of Cyber Attack
Nationwide Agency Forward survey showed 40 percent of small business owners expect a cyber attack to cost less than $1,000, and another 60 percent think it would take less than three months to fully ...
Marsh McLennan CEO Glaser to Retire; Doyle Will Take the Helm in 2023
Marsh McLennan announced that Daniel S. Glaser will retire at year end following a decade leading the company. John Q. Doyle will succeed him as president and chief executive officer, as well as ...
Marsh Clients Can Pay Fees With Carbon Credits
Marsh announced that U.S. clients now have the option to pay their service fees in voluntary carbon offset credits and renewable energy certificates (RECs). The move — believed to be a ...